About your Search

20121101
20121130
Search Results 0 to 2 of about 3
an additional burden. >>> u.s. defense secretary leon panetta is urging congress to strike a deal before the end of the year. that's to avoid a fiscal cliff which may result in a significant reduction in defense spending. the fiscal cliff is a term used to illustrate drastic fiscal tightening if congress fails to reach an agreement by year's end. such a situation is feared to trigger a plunge in the economy. panetta warned that defense spending will be subject to drastic cuts if lawmakers failed to reach a consensus. >> the worst thing that could happen from my perspective is that they just kick the can down the road. all that would wind up doing is continuing to present a shadow over the defense department and for that matter, the rest of government. >> the defense department is already planning to reduce its budget by about $500 billion over the coming ten years. panetta has voiced concern that further cuts could undermine barack obama's new defense strategy that lays more emphasis on the asia pacific region. >>> japanese officials are scratching their heads about how to deal with sluggish tra
. that is the same as the vatican. >> only a handful of countries voted against the move, including the u.s. and israel. both threaten to sanction palestinian request. israel today announced the construction of 3000 more settler homes in response. >> many hope it will be for step toward independence and true statehood. >> life remains the same in the palestinian territories, but many say the united nations vote has given them a new outlook. >> it is a beautiful feeling. there's hope that our children will grow up in an independent nation with its own voice, and that is a feeling that is hard to describe it. >> the decision came after a powerful appeal by the palestinian authority president in new york. >> the general assembly is called upon today to issue a birth certificate of the reality of the state of palestine. >> 138 generally assembly -- general assembly members voted in favor of upgrading palestine to the status of nonmember observers say. israel opposed the status change, saying the resolution will not help further the peace process. >> the truth is nothing will change if they cont
attending. the president called for high income workers in the u.s. to pay more in taxes. >> i think we're all aware that we have some urgent business to do. we've got to make sure that taxes don't go up on middle class families, that our economy remains strong, that we're creating jobs. >> the republican speaker of the house of representatives asked for a balanced approach. republicans have been called for added revenue through curbs on tax deductions and credits. >> i believe that the framework that i've outlined in our meeting today is consistent with the president's call for a fair and balanced approach. >> any new legislation must be enacted before the end of december to keep the u.s. from plunging off that fiscal cliff. >>> senior diplomats from japan and north korea wrapped up a round of talks in mongolia and have reported some progress. the north koreans also say they're open to talking about their country's abductions of nationals. they don't seem to go farther until japan has a new government. negotiators held two days of level walking level talks. they agreed to repatriate --
Search Results 0 to 2 of about 3